Chile: Radar Apparatus Market 2024

Radar Apparatus Market Size in Chile

The Chilean radar apparatus market totaled $X in 2022, flattening at the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Radar Apparatus Production in Chile

In value terms, radar apparatus production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. Radar apparatus production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Radar Apparatus Exports

Exports from Chile

In 2022, radar apparatus exports from Chile surged to X units, jumping by X% compared with the previous year. Overall, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020; afterwards, it flattened through to 2022.

In value terms, radar apparatus exports surged to $X in 2022. In general, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Peru (X units) was the main destination for radar apparatus exports from Chile, with a X% share of total exports. Moreover, radar apparatus exports to Peru exceeded the volume sent to the second major destination, Ecuador (X units), twofold. Colombia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Peru stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and Colombia (X% per year).

In value terms, the largest markets for radar apparatus exported from Chile were Peru ($X), Argentina ($X) and Ecuador ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Ecuador, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average radar apparatus export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Uruguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced mixed trend patterns.

Radar Apparatus Imports

Imports into Chile

In 2022, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus imported into Chile contracted markedly to X units, with a decrease of X% on the previous year's figure. Over the period under review, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, radar apparatus imports reached $X in 2022. In general, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest radar apparatus supplier to Chile, with a X% share of total imports. Moreover, radar apparatus imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), eightfold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and the United States (X% per year).

In value terms, China ($X), the United States ($X) and France ($X) appeared to be the largest radar apparatus suppliers to Chile, together comprising X% of total imports. Lithuania, Vietnam, Taiwan (Chinese), Spain, Italy, South Africa and Brazil lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average radar apparatus import price amounted to $X per unit, surging by X% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radar apparatus import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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